Buying multiple properties? Save by using a real estate attorney for closing
Many title companies charge per property each to the buyer and seller. Now you can ask them for a discount, but title insurance will likely cost the same anywhere (though there are exceptions). An alternative is to look at using a real estate attorney for closing as the attorney fees are certainly negotiable, and if you’re going to close on a few properties on the same day, any reasonable attorney should give you a discount.
If you’re going fix and flip a home, do it right the first time!
You did your research. You won the bid on the house you wanted. You decided you are going to fix the house and flip it. Your goal is set for 30 days. But now what?
What is going to make that house become the dream home that someone will want to buy on first-site?
New carpet, new cabinets, a little paint and “wa-lah” you have your house back on the market in record time. But it doesn’t sell. It just sets there, while you pay interest and payments. What happened?
At Artisan Real Estate Group we believe that quality should come first and foremost in each home we rehab. That’s why we developed the philosophy of “Custom Tract” in all of our trustee sale auction rehabs. Simply put, we want to be the best home in the neighborhood. With this in mind we established standards that go into each and every home we rehab. Features include Whirlpool Stainless Steel Appliances, Decorative Cabinet Hardware, 20 x 20 Porcelain Tile, Backsplashes in all kitchens, Granite Counters, 2-Tone Paint and Berber Carpet. Each home we rehab must be able to fit these items in the budget. It is our experience that these features separate us from the REO & Short Sale Properties and give our investors a definite resale edge. In fact, most of our homes are sold in the first 7 days on the market while setting the market price.
Investors are flipping homes in Arizona for big profits!
Even though home prices are down more than a third from their peak, according to the National Association of Realtors, many investors are making big profits!
In recent months, our team has helped investors make anywhere from 12% to 24% and more in profits on many Arizona homes picked up at Maricopa County foreclosure auctions (see our recent profit examples here). With our full service trustee sale acquisition services, rehab services, and 15 years experience in helping investors choose the best deals at auction…AREG makes the buy-and-flip process a lot less difficult to execute.
Properties are selling in many areas of the Valley at deep discounts of $60,000 to $80,000 on homes that once sold for $200,000 plus. Many of these distressed homes are in desperate need of rehab before they can be flipped but with modest fix-up costs ranging $10,000 to $15,000 our investors are making gross margins of 35% or higher and making bank on the sale.
Contact Us Today
(480) 560-5757
www.ArtisanRealEstateGroup.com
Robert Jeffrey, Designated Broker
6245 N. 24th Parkway
Suite 207
Phoenix, AZ 85016
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Together we help make certain you're bidding on a 1st lien hold position and you receive a Fully-Cleared Title Search within 12 hours. |
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